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JGP Realty Sells Retail Property In Linden, NJ For $3.1M

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SOLD
$3,125,000

New Jersey

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Retail3,410 SF
Sold 06/15/2020
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Property Image
SOLD

JGP Realty Sells Retail Property In Linden, NJ For $3.1M

107 West Edgar Road, Linden, NJ 07036, USA

See Similar Deals
Retail3,410 SF
Sold 06/15/2020
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$916
Total Square Footage:3,410 SF
Transaction Type:Sale

A retail property located at 107 W Edgar Rd in Linden, NJ was recently sold in a transaction handled by the real estate brokers Rob DiFranco and Mike Lombardi of Horvath & Tremblay. The sale took place on June 15, 2021. The property was sold by JGP Realty for a price of $3,125,000, reflecting a 3.83% capitalization rate.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,125,000
  • Date: 06/15/2021
  • Address: 107 W Edgar Rd
  • Market: Linden, NJ
  • Seller: JGP Realty
  • Brokers: Rob DiFranco & Mike Lombardi - Horvath & Tremblay
  • Capitalization Rate: 3.83%

Rob DiFranco and Mike Lombardi, from Horvath & Tremblay, were the real estate brokers representing the parties involved in the transaction. Their expertise helped facilitate the sale of the retail property, showcasing their understanding of the market and their ability to negotiate a favorable deal. This successful transaction demonstrates the value that skilled brokers bring to the table.

Players

Michael "Mike" Lombardi
29 deals$114.8M volume
BROKER

Robert DiFranco
Horvath & Tremblay
11 deals$54.9M volume
BROKER

Details

SOLD
IMAGE: Rob DiFranco & Mike Lombardi DATE: 06/15/2021 ADDRESS: 107 W Edgar Rd MARKET: Linden, NJ ASSET TYPE: Retail SELLER: JGP Realty BROKERS: Rob DiFranco (@RDif13) & Mike Lombardi (@Mike_Lombardi_ht) - Horvath & Tremblay SALE PRICE: $3,125,000 CAP: 3.83%

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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